Clipperton advised PSG Equity on its strategic investment in CHR Group (“CHR”), a European leader in digital food safety, compliance, and foodservice management software. The investment, alongside continued backing from existing investor Verto, reinforces CHR’s international growth strategy. Clipperton further advised PSG on the raising of a unitranche facility to partially finance the transaction.

Clipperton also acted as exclusive buy-side financial advisor to CHR Group on the cross-border acquisitions of Rmoni and Andy, two leading technology players in the digitalisation of foodservice operations that will reinforce CHR’s international presence, respectively in the Benelux region and Spain.

Clipperton has advised on four consecutive deals:

  • The strategic growth investment by PSG Equity, as financial advisor to PSG Equity
  • The raising of a unitranche facility to partially finance the transaction, as financial advisor to PSG Equity
  • The acquisition of Rmoni, as financial advisor to CHR Group
  • The acquisition of Andy, as financial advisor to CHR Group

About CHR Group

  • CHR is a European leader in digital food safety, compliance, and foodservice management software, headquartered in France. The group equips restaurants, hotels, caterers, bakeries, retail and institutional foodservice operators with the tools to digitalise their back-office, secure regulatory compliance and optimise day-to-day operations.
  • CHR operates two complementary platforms. ePackPro (formerly ePack Hygiene) is Europe’s leading digital HACCP solution, enabling paperless traceability, hygiene self-checks, and food-safety compliance for foodservice professionals. Adoria is a leading SaaS platform for foodservice supply-chain, procurement, inventory, and multi-site operations management, with strong reach among large restaurant chains and central kitchens.
  • Together, ePackPro and Adoria serve a large international customer base across nearly 50 countries, and the group has delivered strong double-digit growth in recent years. CHR has been backed by Verto since 2020.

Deal Rationale

  • CHR’s next phase of growth will be aided by a strategic investment from PSG Equity, a leading growth equity firm specialising in software and technology-enabled services businesses, and continued backing from Verto, a leading independent growth and buyout equity firm. The expertise of these partners will help support the group’s ongoing international expansion, product innovation, and broader growth ambitions.
  • Rmoni, a Benelux-based specialist in connected monitoring and quality management solutions, brings advanced real-time sensor and temperature monitoring technologies used by international foodservice and retail groups. Andy, headquartered in Spain, provides operational and HACCP management software specifically designed for large restaurant chains and multi-site foodservice operators.
  • Together with CHR’s flagship platforms, ePackPro and Adoria, the acquisitions significantly strengthen CHR’s international footprint and broaden its capabilities. Through ePackPro and Adoria, CHR already supports ~185,000 users across ~28,000 foodservice sites in nearly 50 countries, serving restaurants, cafes, hotels, catering operators, bakeries, butchers, retail, and institutional foodservice groups.
  • The additions of Rmoni and Andy further reinforce the group’s positioning in the enterprise segment and accelerate its international growth strategy: Andy strengthens CHR’s presence across Spain and Southern Europe, while Rmoni expands its footprint in Belgium and the Netherlands.

Clipperton’s track record in Hospitality and FoodTech

This transaction reinforces Clipperton’s expertise in advising high-growth software businesses across the Hospitality Tech and FoodTech space, following landmark transactions such as the sale of Eijsink to METRO, the leading Benelux SaaS vendor for cloud-based POS and digital hospitality solutions, L’Addition’s acquisition by Française des Jeux in the hospitality sector, and the sale of Gastrofix to Lightspeed. It also builds on a broader foodtech franchise spanning Zenchef, Potager City, Foodles, and Quitoque.

Deal Team 

About Clipperton

Clipperton is a leading international investment bank dedicated to technology and growth companies, with offices in Paris, New York, Berlin, and Munich, as well as partnerships in the Netherlands, the UK, Switzerland, China, Italy, and Spain. We provide strategic and financial advisory services to entrepreneurs, corporates, and top-tier investors in Europe who are looking to execute strategic M&A, private equity, private placements, and debt financing transactions. Founded in 2003, we have completed over 500 deals with fast-growing technology businesses, blue-chip corporates, and renowned financial investors.